Local business forecasters predict steady 1977 growth
Lorain County leaders expect slow but solid gains in 1977 with inflation as the main risk. They cite Washington policy under Carter and a late 1976 production rebound at Lorain plants after UAW strikes. Industrial output remains strong, led by autos and vans, with expectations of continued demand despite inflation fears.
MENTIONED IN THIS ARTICLE
Lorain County
Washington, D.C
Carter
U.S. Steel
Ford Motor Co
United Auto Workers
Lorain
Ohio
Avon Lake
Babson's Reports Foresees Sustained 1977 Economic Upturn
Babson's Reports Research Department reevaluates the 1976 forecast and predicts continued economic progress into 1977. Growth should peak in mid 1977 with gains in the second half despite mixed conditions, steel labor talks, and potential inventory dynamics.
MENTIONED IN THIS ARTICLE
Babson's
Forecasts on capitalism and 1976 recovery year
A veteran forecaster offers a primer on financial forecast logic, linking savings, capital use, and charges to capitalism. He flags 1976 as a recovery year with real growth in gross national product and rising employment until strikes spiked unemployment, while food prices stabilized due to higher meat supplies.
MENTIONED IN THIS ARTICLE
United States
Ford Motor
General Motors
Ford
Weather Outlook: Cold with Light Snow Flurries Tonight
Variable cloudiness continues with a chance of spew flurries overnight and again tomorrow. Lows reach minus one to minus five, with highs around ten to fifteen. Probability of precipitation near three percent tonight and tomorrow. Sunrise at 7 33 and sunset at 5 06.
MENTIONED IN THIS ARTICLE
Orat
Tomor
Area firms and schools face 50 percent gas curtailment
Columbia Gas of Ohio announced increased curtailments affecting 1100 large industrial users and 1300 commercial customers including schools. In Elyria division, 55 industrial and 106 commercial firms will be hit, with plants forced to run on half capacity or switch fuels, risking closings and layoffs.
MENTIONED IN THIS ARTICLE
Columbia Gas of
Ohio
Columbia Gas
John Like
Elyria
Lorain
Oberlin
Wellington
GAS Company
Columbia Gas Transmission Corp
Summer Swim At Brentwood Village Lake
Report notes a past July 19 1976 heat wave drawing youths to Brentwood Village Lake in Grafton as today’s temperature rises slightly above average. The fragment hints at weather conditions and public mood surrounding a summer spell.
MENTIONED IN THIS ARTICLE
Virginia
Brentwood Village Lake
Grafton
Divorces Bring Two Long-Married Senators With 58 Years
Senator Herman Talmadge of Georgia files for divorce from Betty six days after their 35th anniversary while Senator Lowell Weicker’s wife Mary Louise Weicker seeks a divorce after 23 years. Both say the unions are irretrievably broken as their families total four children.
MENTIONED IN THIS ARTICLE
Ser
Herman Talmadge
D-Ga
Betty
Mary Louise Weicker
Lowell Weicker
R-Conn
Weickers
Talmadges
Ohio Supreme Court holds ex treasurer and deputy liable in 8 million loan loss
The Ohio Supreme Court ruled ex state Treasurer John D. Herbert and ex Deputy Treasurer Robert F. Gardner personally liable for an $8 million loss from two loans to King Resources Co. in 1970. The ruling reversed lower court decisions, confirming responsibility of the officials and their bonding companies.
MENTIONED IN THIS ARTICLE
James A. Rhodes
Supreme Court
Franklin County Common Pleas Court
Franklin County Court of Appeals
Herbert, Gardner
Gardner
King Resources Co
Herbert
King Resources
Record Low Subzero Temps Hit Cleveland Area
A record three degrees below zero was logged between 3 and 5 a.m. as December averaged six degrees below normal in the Cleveland region. Power outages affected about 289 homes in southern Huron County and 50 families in North Ridgeville faced outages after morning breaks. Experts urge continued extreme cold with zero to five degree lows likely tonight and weekend highs in the 20s.
MENTIONED IN THIS ARTICLE
Ohio
Cleveland
National Weather Service
Ray Diederich
North Ridgeville
Diederich
Huron County
Boukder Drive
Chicago
Murray Brown
Brown
Inside man sought in BMW shortages probe
The Chronicle Telegram reports state patrol investigators probe a BMW inside man tied to more than 60 major shortages and over 1,300 minor gaps across 1973 to 1975. A Cleveland regional office inquiry into alleged corruption appears to have been dropped after an auto dealers association complaint.
MENTIONED IN THIS ARTICLE
Ghw
Bureau of Motor Vehicles
Chronicle Telegram
Cleveland
BMW
Curt Andrews
Andrews
Also Mentioned on This Page
John Fuller
C-T
Babson’s Reports Inc
Babson
Otto B. Schoepflect
Saewseeee
Sam
Wormea
Jeff Bishop
By Mike Benbow
Earel Neirira
Paul Schroeder
the Chronicle Telegram
Mats
Licensing Bureau
Rdden Auto and Driver Licensing Bureau
Gor Dames A. Rhodes
Sae
The
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